Philippe Krakowsky

Board

Since January 1, 2021

Age

62 years

Tenure

Has been with IPG for nearly two decades, holding various positions including Chief Strategy and Talent Officer, Interim CEO of FCB, CEO of Mediabrands, COO, and now serving as Chief Executive Officer since 01-01-2021.

Also at INTERPUBLIC GROUP OF COMPANIES

Andrew Bonzani

EVP and General Counsel

CFC

Christopher F. Carroll

EVP, Controller, and Chief Accounting and Business Transformation Officer

Ellen Johnson

EVP and CFO

About

Philippe Krakowsky has built an extensive career at IPG, where he has been a driving force behind the company’s strategic evolution. He assumed the role of Chief Executive Officer on 01-01-2021 after having successfully led initiatives as Chief Operating Officer, CEO of Mediabrands, Interim CEO of FCB, and Chief Strategy and Talent Officer over nearly two decades.

At IPG, his leadership has been critical in managing diverse business operations and integrating advanced technologies into the company's offerings. His comprehensive approach in overseeing IPG’s media, data, and technology divisions has solidified the firm’s reputation as a leader in the advertising industry.

Beyond his professional accomplishments, he is noted for his strategic vision and transformational leadership. At 62 years old , his impact at IPG is evidenced by his successful track record of promotions and key strategic initiatives, which have ultimately reinforced IPG’s market position. No detailed personal background or educational history has been provided in the documents.

$IPG Performance Under Philippe Krakowsky

Past Roles

Organization	Role	Date Range	Details
IPG	Chief Operating Officer (COO)	Sep 2019 – Jan 1, 2021	Managed business operations and served as Chairman of IPG Mediabrands
IPG	Chief Strategy and Talent Officer	Feb 2011 – Sep 2019	Oversaw strategy, talent, communications, and business development
IPG	CEO of Mediabrands	N/A	Led the 10,500-person media investment unit
FCB (part of IPG)	Interim CEO	N/A	Served as interim CEO
PricewaterhouseCoopers	Professional Role	Oct 1991 – Sep 2000	Began his professional career
Lucent Technologies	Chief Accounting Officer/Controller/Financial Vice President	N/A	Held various senior financial roles

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,500,000	Annual	Fixed base salary
Annual Dollar Credit under CAP	$150,000	Annual	Capital Accumulation Plan
Matching Contributions under Savings Plan	$14,850	Annual	Interpublic Savings Plan contributions
Premiums Paid on Group Life Insurance	$210	Annual	Group Life Insurance premium

Performance Compensation

Data from FY 2023

Annual Incentive Compensation

Metric	Value	Details
Target Incentive Amount	$3,000,000	200% of base salary
Final Payout Amount	$1,680,600	Based on weighted performance ratings
Corporate Financial Performance Weight	50%
High Priority Objectives Weight	20% (capped at 80%)
Payment Type	Cash	No vesting schedule
Evaluation Period	2023 Fiscal Year	Performance assessed at year-end

Long-Term Incentive - Performance Shares

Metric	Value	Details
Target Shares	98,101	Number of shares granted
Grant Date	Feb 28, 2023
Grant Date Fair Value	$3,163,057	At target performance
Vesting Date	Feb 27, 2026	Contingent on continued employment
Performance Metrics Weights	Organic Revenue Growth: 30%, OIBIA Margin: 70%	Payout range from 0% to 200%

Long-Term Incentive - Performance Cash

Metric	Value	Details
Target Value	$3,500,000
Grant Date	Feb 28, 2023
Vesting Date	Feb 28, 2026
Performance Metrics Weights	Organic Revenue Growth: 30%, OIBIA Margin: 70%	Payout range from 0% to 200%
Forfeiture Condition	Termination within 12 months	Entire award forfeited if employment ends early

Long-Term Incentive - Restricted Stock Units (RSUs)

Metric	Value	Details
Grant Date	Feb 28, 2023	Also appears in additional RSU details
Grant Date Fair Value	$3,499,998
Vesting Date	Feb 28, 2026	Time-based vesting; no performance conditions
Stock Price on Grant	$35.68	Average of high and low prices on grant date

Vesting of Performance-Based Shares

Metric	Value	Details
Target Shares	98,101	Number of shares subject to performance-based vesting
Grant Date	Feb 28, 2023
Grant Date Fair Value	$3,163,057	Fair value calculated per FASB ASC Topic 718
Vesting Date	Feb 28, 2026	Vesting based on achievement over a 3-year period ending Dec 31, 2025
Performance Period	3 years	Payout range: 0% to 200% dependent on performance metrics